LATEST NEWS   PM Anwar, Turkmenistan President Serdar Berdimuhamedov witnessed the signing of a strategic cooperation agreement between Petronas and Turkmenistan authorities-- PMO | At 6 pm, the ringgit eased to 4.1340/1395 versus the US dollar from Thursday's close of 4.1145/1195 | The collaboration opens up space for more strategic engagements in future, including exploring the great potential of Turkmenistan's natural gas sector, which has among the world's largest gas reserves - PMO | Gabungan Kelab Media Malaysia (GKMM) state affiliates receive RM10,000, GKMM receive RM30,000 from Communications Ministry - Fahmi | The achievement comes as Malaysia and Turkmenistan mark 30 years of cooperation in the energy sector, which has been a key pillar of bilateral relations between the two countries -- PMO | 

PM Anwar Encourages South Korean Investors To Explore Opportunities In Malaysia

KUALA LUMPUR, Nov 25 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has welcomed investors from South Korea to explore the various opportunities available in Malaysia and to collaborate in efforts to boost and achieve mutual prosperity.

Anwar who also the Finance Minister said he had met with several chief executive officers during the C-Suite Insight Session as well as delivered a speech at the Malaysia-Korea Business Forum 2024 after meeting with South Korean President Yoon Suk Yeol today.

"This event (meeting) stressed on the close relationship between Malaysia and South Korea, besides highlighting our commitment to innovation and sustainable growth," he said in post on X platform today.

In his speech at the forum, Anwar also welcomed the presence of over 200 participants representing 147 South Korean  companies from various sectors including semiconductor, electric vehicle, green technology, and artificial intelligence (AI).

"In this same space, I shared Malaysia's policies under the MADANI Economic Framework, supported by initiatives such as the New Industrial Master Plan 2030, the National Energy Transition Roadmap, and the Semiconductor Strategic Plan," he said.

Anwar said the C-Suite Platform provided a space for Malaysia to engage directly with leading South Korean companies such as Samsung, SIMMTECH, Poongsan Corporation, Lotte Energy Materials, and Kumho Petrochemical.

"These companies presented their plans for Malaysia, including investments in sectors such as semiconductor, renewable energy, rare earth processing, and the halal industry.

"Their commitment to Malaysia is exciting and reflects their confidence in Malaysia's stability, policies, and as a strategic investment destination," he said.

Anwar and his delegation arrived in Seoul yesterday in conjunction with his three-day official visit to South Korea to further strengthen bilateral relations between Malaysia and South Korea.

Both countries will be celebrating the 65th anniversary of the establishment of diplomatic relations in 2025.

-- BERNAMA